Katallassos to use Chainlink for data feeds
Katallassos announces its use of Chainlink, a decentralised oracle network, as its off-chain data feed connector. Katallassos will enable all of the financial contracts that build on its chain access to data feeds through Chainlink. This integration supports the development of Katallassos and the financial contracts build on its system by enabling connections to off-chain information in a secure manner.
About the Team & The Katallassos Project
Katallassos is a new standard framework for finance.
Its team is helmed by CEO Reto Trinkler, formerly Co-Founder & Chairman of Melonport AG. He is a Council Member of the Web3 Foundation and in 2018 was a list maker for Forbes 30u30 in Finance.
Advisors for the project consist of Addison Huegel (Communications Advisor), who is Managing Partner & Director of BlockPR, and who was formerly Media Director and Managing Partner at Elevator PR. Arie Levy-Cohen (Strategic Advisor) is a Board Member of the ACTUS Users Association, and Founder-CEO of Blockhaus Investment AG. He is a former International Advisor and Private Banker with Morgan Stanley, where he was Administrator of The Bitcoin Forum.
The team chose to partner with Chainlink for its potential to become a de facto standard in the blockchain industry, commenting that, “Chainlink, with the recent acquisition of TownCrier, is poised to become the de facto standard of blockchain oracles. Its security and range of data feeds is unparalleled in the industry.”
The integration of Chainlink into Katallassos follows a long term goal of contributing to the multichain ecosystem framework and encourages common standards for inter-chain communication. The team behind Katallassos believes that the combination of the ACTUS standard implementation for financial contracts on Katallassos with Chainlink’s oracle network for data feeds will lead to a more secure entry into these communications.
Chainlink is a decentralized oracle network that enables smart contracts to securely access off-chain data feeds, web APIs, and traditional bank payments. Chainlink is consistently selected as one of the top blockchain technologies by leading independent research firms such as Gartner. It is well known for providing highly secure and reliable oracles to both large enterprises (SWIFT) and leading smart contract development teams.
You can find out more about the Katallassos project by visiting us on Twitter, Medium, Discord, and Telegram for our designated announcements channel at the following handles and links: